India aims for $4 trillion economy by 2027, driven by energy security, says minister
India's Union Minister Hardeep Singh Puri announced that the country aims to become a $4 trillion economy before 2027, driven by improved energy security. He highlighted increased refinery capacity and diversified oil imports as key factors. Puri noted that India's refinery capacity has grown from 5 million to 5.4 million barrels per day, with potential for further increases. He emphasized India's stable oil imports despite OPEC production cuts, showcasing India's strong geopolitical position. The minister also mentioned advancements in green energy, including a rise in green hydrogen production. He acknowledged challenges related to affordability and availability for consumers amid these developments.